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Qatar injects $2 billion into Egypt’s Central Bank after the Gulf state’s Emir, Hamad bin Khalifa al-Thani, visited Cairo. Qatar has now become the second state, after Saudi Arabia, to lend to Egypt without an International Monetary Fund loan in place. This loan didn’t come as a shock, and was in fact over due, since Qatar pledged about $10 billion last year to support Egypt’s economy with investments.

It seems for now the Suez Canal is in safe hands, however. The waterway, a vital source of foreign currency, earned $433.1 million in July, up from $415.9 million a month earlier, but 3.6% down from a year earlier when revenues stood at $449.2 million.